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that is otherwise known as a poll tax, during the jim crow era. in texas, only 81 of 254 counties in texas have a dmv. if you cannot have idea and you live and accounting without i.d., how are you supposed to get to an office in texas to be able to get an i.d.? there are a lot of problems in practicalities obtain this i.d. you have states that are rushing to implement these laws and are implementing them in 2012. you have a lot of commissions, the carter-baker commission after the 2000 election that says that need to wake two election cycles to implement this idea to make sure everything happens. the last thing i would say is of a vote is not like getting on an airplane or buying sudafed. it is a right that many people have died for in this country, that people have blood for in this country. anytime we restrict their right to vote, particularly on the basis of race or class, we should be very, very, very careful about doing it and only do it if there is a pressing need to do so. my feeling is there is no reason to have this kind of government- is
that is otherwise known as a poll tax, during the jim crow era. in texas, only 81 of 254 counties in texas have a dmv. if you cannot have idea and you live and accounting without i.d., how are you supposed to get to an office in texas to be able to get an i.d.? there are a lot of problems in practicalities obtain this i.d. you have states that are rushing to implement these laws and are implementing them in 2012. you have a lot of commissions, the carter-baker commission after the 2000 election...
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and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a strategic decision, the likability advantage that the president has is so valuable to them that they didn't want to jeopardize that by him attacking mitt romney and coming across as unlikeable or less likeable, because you know it was astonishing that he didn't go after mitt romney. i was just talking to david -- in the room just a couple minutes ago, he made the case far more convincingly, far more aggressively and concisely for what president obama was trying to lay out the next four years than obama himself did up on the stage. i mean there was just time and again mitt romney managed to seize
and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a...
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Oct 5, 2012
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it entirely with their tax deductions so we either have to increase taxes on the middle class or he would have to have his tax plan add to the deficit and he hasn't been willing to say where he compromised. >> rose: that's where the rubber meets the ground for him. >> though those are all totally legitimate critiques of governor romney's plan, but i think the governor romney is being held to kind of a double standard on these things. i mean, candidate obama opposed an individual mandate on healthcare and got into office and saw the realty reality of where the votes were and decided he was for an individual mandate. >> candidate obama won't tell us what he wants to do on social security and what his ideas are for a grand bargain with the republicans, so i think governor romney on this point, yes, if you take strictly what he said and what he hasn't said it is not clear how it adds up but i don't think there is any mystery that if he not elected his tax plan would be, would resellable this but there is a way to swear some of the inconsistencies and fill in some of the holes and maybe there
it entirely with their tax deductions so we either have to increase taxes on the middle class or he would have to have his tax plan add to the deficit and he hasn't been willing to say where he compromised. >> rose: that's where the rubber meets the ground for him. >> though those are all totally legitimate critiques of governor romney's plan, but i think the governor romney is being held to kind of a double standard on these things. i mean, candidate obama opposed an individual...
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Oct 6, 2012
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because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal reserve obviously wasn't doing what it should have done in the years before the crisis. >> it was paying too much attention to interest rates and not enough attention to employment. >> that was one of the problems. it was not paying enough attention to what the banks were doing. one of the members of the fed actually talked about it. there is a housing bubble going on there is predatory lending going on. you should stop this because if you don't you're going to have a problem. >> greenspan and the rest of the board ignored it. and so that lead to the housing bubble. and predatory lending. the fed ha
because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal...
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>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if so, to what level?" when someone says that about social programs, i want to also hear the answer to the question, "what are you doing with military spending? and how do you justify the tradeoff? we've gotta get the revenue someplace. where are you willing to cut? and if not, why not? when you're putting really valued things on the table. and simply saying that the wealthy are going to pay more doesn't solve the problem. the wealthy are going to need to pay more, but so is what most people define as the middle class, and there are going to be cuts across the board, including the military,
>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if...
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year period, the reforms mess, in the short-term as your administration has shown with its payroll tax cuts, in 2010, look there is no question this made a difference in the ux, is economy you are having an argument why is the 1.7, 1.9 percent not higher? but actually, i can tell you from the uk where we have got negative growth it could be much lower. and that is why the cyclical problem of low demand has to be addressed on austerity can't do that, but that is not an excuse for a p after striding the structural issues the western economies are creating which above all is about innovation. >> but are they basic issues about spending that have to be addressed as well? >> yes. >> and where is significant efficiencies brought to bear in governance? where does that become -- which is a good idea, when does that become austerity? >> well -- >> reforming the state is essential, there was a financial crisis in 2008, but we, and i am on the left of politics, we stand, we should stand for reforming the state to meet modern needs as well as reforming the markets to make sure it doesn't crash, an
year period, the reforms mess, in the short-term as your administration has shown with its payroll tax cuts, in 2010, look there is no question this made a difference in the ux, is economy you are having an argument why is the 1.7, 1.9 percent not higher? but actually, i can tell you from the uk where we have got negative growth it could be much lower. and that is why the cyclical problem of low demand has to be addressed on austerity can't do that, but that is not an excuse for a p after...
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at the same time, there is a large number of citizens who do not pay taxes to income tax. they are liberal professions like people who put all their revenues inside society. we believe there has to be changes and we have to have a more comprehensive system that is able to control everybody. >> won the budget was announced, it was predictable. this economy has already seen 65 billion euros out of it this year. today was confirmed a further 90 billion euros would be cut over the coming two. >> 1 economy is represented here by the corporate giants to continue to flourish around the world and then there is the real economy outside these walls, where unemployment is high and consumer spending is low. the challenge facing the government is to somehow cut the deficit now that same time bridge the gap between the corporate world and the real world outside. >> with the race for the white house, mitt romney and president obama are working to win the hearts and minds of voters. or american voters in the key swing states. america remains a 50-50 nation, split between republicans and d
at the same time, there is a large number of citizens who do not pay taxes to income tax. they are liberal professions like people who put all their revenues inside society. we believe there has to be changes and we have to have a more comprehensive system that is able to control everybody. >> won the budget was announced, it was predictable. this economy has already seen 65 billion euros out of it this year. today was confirmed a further 90 billion euros would be cut over the coming two....
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italian police arrested the head of a private tax collection agency. the man suspected of pocketing $130 million his agency gathered for local governments. the italian government is cracking down on tax evasion as a way to reduce its massive debt. police officials say the suspect and four of his employees misappropriated about $100 million euros between 2006 and 2009. the private agency had been commissioned by about 400 pounds to collect taxes. the suspects reportedly spent the money on private jets, yachts, parties and other luxuries. police have seized cash and real estate worth about $11 million. >>> the european union is trying to reach a consensus among its leaders to conclude an economic partnership agreement with japan. the eu administrative body, the european commission, proposed epa negotiations with japan in july. nhk obtained a draft statement, summarizing the summit, schedule ford october 18th and 19th in brusselse brussels. it calls on countries to begin negotiations with japan to conclude the epa. automobile makers in italy, france and g
italian police arrested the head of a private tax collection agency. the man suspected of pocketing $130 million his agency gathered for local governments. the italian government is cracking down on tax evasion as a way to reduce its massive debt. police officials say the suspect and four of his employees misappropriated about $100 million euros between 2006 and 2009. the private agency had been commissioned by about 400 pounds to collect taxes. the suspects reportedly spent the money on...
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addressing romney's tax plan, obama said romney's effort to cut taxes for the wealthy would be to the gutting of essential government programs. box for 18 months he has been running on this tax plan. five weeks before the election, now he is saying his big, bold idea is, "never mind." the fact is, if you are lowering the rates the way you described, governor, then it is not possible to come up with enough deductions and loopholes that only affect high-income individuals to avoid either raising the deficit or burdening the middle class. it is math. >> mitt romney challenged obama's assertion that his tax plan would cost the country $five trillion in revenue, the knowledge to cut spending on government programs will drastically increasing funding for the military. in a jab that quickly exploded on twitter car romney told moderator jim lehrer he would cut funds to employer pbs, despite his love for certain sesame street character. >> i am sorry, jim, i'm going to stop the subsidy to pbs. i love big bird. i like you, too, but i am not one keep spending money on things to borrow money from
addressing romney's tax plan, obama said romney's effort to cut taxes for the wealthy would be to the gutting of essential government programs. box for 18 months he has been running on this tax plan. five weeks before the election, now he is saying his big, bold idea is, "never mind." the fact is, if you are lowering the rates the way you described, governor, then it is not possible to come up with enough deductions and loopholes that only affect high-income individuals to avoid...
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how, in lord's name, can they justify raising taxes? >> vice-president biden today said that the middle-class over the last of we or years has been buried. we agree. that means we need to stop digging, which means we have to collect mitt romney as president of the united states. >> meanwhile, paul ryan has appeared in videos online. in a speech delivered last november, he said 30% of americans want to live off the government. today, 70% of americans get more benefit from the federal government and a payback in taxes. you could argue we are already passed a tipping point. the good news is, survey after survey, poll after poll, still shows we are a center-right country. 70% of americans won the american dream. only 30% want the welfare state. what that tells us is, at least half of those people currently in that category are there not of their wish or will. >> new video has surfaced of embattled missouri congressmember and republican senate candidate tod achan calling abortion doctors terrorists and accusing them of providing abortions to
how, in lord's name, can they justify raising taxes? >> vice-president biden today said that the middle-class over the last of we or years has been buried. we agree. that means we need to stop digging, which means we have to collect mitt romney as president of the united states. >> meanwhile, paul ryan has appeared in videos online. in a speech delivered last november, he said 30% of americans want to live off the government. today, 70% of americans get more benefit from the federal...
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he said he calculates how much they pay in taxes. state income tax, state sales tax, gasoline tax. it added up to well over 50% of what they earn. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower the deductions and exemptions. the same idea behind simpson, by the way. lower the deductions and exemptions to create more jobs, because there is nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective way to get this budget balanced. >> you may want to move on to another topic, but i would say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense, that's more than our entire defense budget, and you think that by closing loopholes an
he said he calculates how much they pay in taxes. state income tax, state sales tax, gasoline tax. it added up to well over 50% of what they earn. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower the deductions and exemptions. the same idea behind simpson, by the way. lower the...
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their taxes to offset the tax which brings their trucks in line with restaurants. >>> family guy creator seth mcfarland will host the oscars. he says he's honored and hopes the academy doesn't find out he was master of ceremonies for the roast of charlie sheen. the 2012 acme awards will air -- academy awards will air on february 24th. >> saw that roast with charlie sheen, very funny, a little raunchy but pretty funny. >> 72 was the high, light showers in the metro area, that's kind of the bad news. the good news is we have light showers, nothing heavy for the metro area. october 1st is what, anita? >> it's the start of breast cancer awareness, also domestic violence. there's a lot of awareness months right now. >> let me show you the live shot outside, our live weather cam brought to you by michael and son. >> beautiful, the white house in pink. >> 66 right now, light showers, dew point 53. the temps going down, dew point coming up to meet it, winds out of the west, northwest now at 5 miles an hour. satellite picture radar combined, this is going to be the main focus of the heavy activit
their taxes to offset the tax which brings their trucks in line with restaurants. >>> family guy creator seth mcfarland will host the oscars. he says he's honored and hopes the academy doesn't find out he was master of ceremonies for the roast of charlie sheen. the 2012 acme awards will air -- academy awards will air on february 24th. >> saw that roast with charlie sheen, very funny, a little raunchy but pretty funny. >> 72 was the high, light showers in the metro area,...
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minimum tax. when you do that over ten years you put $5 trillion hole in your revenue. so that's where obama gets $5 trillion tax cut. but governor romney says he will make up that money through eliminating loopholes, tax deductions that sort of thing but he hasn't specifically said which one his would target. but that's how he can say, i don't have a $5 trillion tax cut. obama can come back and say you haven't given specifics how can we believe it really adds up. in fact every study nonpartisan that has looked at this has said that you know, unless you really tweaked the numbers, there's not justify money out there to fill that $5 trillion hole. >> so, glenn, the president said she's the guy plan to cut $4 trillion in the deficit. here's how he describes that plan. >> the way we do it is $2.50 for every cut, we ask for a dollar of additional revenue. governor romney earlier mentioned the bowles-simpson commission. well that's how the commission bipartisan commission, that talked about how we shou
minimum tax. when you do that over ten years you put $5 trillion hole in your revenue. so that's where obama gets $5 trillion tax cut. but governor romney says he will make up that money through eliminating loopholes, tax deductions that sort of thing but he hasn't specifically said which one his would target. but that's how he can say, i don't have a $5 trillion tax cut. obama can come back and say you haven't given specifics how can we believe it really adds up. in fact every study...
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those who do so risk losing their churches' tax-exempt status. according to a recent survey by the christian polling organization lifeway, 87% of pastors believe pastors should refrain from making political endorsements. the survey included both evangelical and mainline clergy. >>> the supreme court opened its new term on monday and a majority of the justices -- six of the nine -- attended the annual red mass, held the sunday before at st. matthew's cathedral in washington. at the annual event, catholic leaders encourage the justices to draw wisdom from their faith as they make their decisions. the court is set to tackle controversial issues once again this term, including a case involving affirmative action at the university of texas. many religious groups are anxious to see if the court will also agree to hear arguments on same-sex marriage. >>> a leading opponent of same-sex marriage, catholic bishop salvatore cordileone, has been elevated to archbishop of san francisco. cordileone was formally installed in a ceremony on thursday. in the past,
those who do so risk losing their churches' tax-exempt status. according to a recent survey by the christian polling organization lifeway, 87% of pastors believe pastors should refrain from making political endorsements. the survey included both evangelical and mainline clergy. >>> the supreme court opened its new term on monday and a majority of the justices -- six of the nine -- attended the annual red mass, held the sunday before at st. matthew's cathedral in washington. at the...
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. >> the president counterpunched on tax and spending, insisting romney would serve only the wealthiest americans. >> budgets reflect choices. we will have to make decisions. if we are asking for no revenue, then that means we have to get rid of a whole bunch of stuff and the magnitude of the tax cuts you are talking about, governor, would result in severe hardship for people, but more importantly, it would not help us grow. >> for much of the debate it was a talented who appeared more relaxed, more animated, even when cut short by the moderator. >> we are way over our first 15 minutes. >> the smile of a man enjoying himself. and then helped year, the president owes its signature a form which mitt romney wants to undo. >> i don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion if fighting for obamacare for two years instead of fighting for jobs for the american people. it has killed jobs. >> if you appeal obamacare, and have become fond of the term, if
. >> the president counterpunched on tax and spending, insisting romney would serve only the wealthiest americans. >> budgets reflect choices. we will have to make decisions. if we are asking for no revenue, then that means we have to get rid of a whole bunch of stuff and the magnitude of the tax cuts you are talking about, governor, would result in severe hardship for people, but more importantly, it would not help us grow. >> for much of the debate it was a talented who...
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and obviously a little more personals on taxes and promise the. >> yeah. you have been a team now for 25 years. >> right. >> the most successful team, i would say, since huntly brinkley whom you don't remember. i g-running team. very successful. what's next for you as journalists? >> i think that making that transition into english language and being able to reach all audiences and what i mean is not only hispanics that speak english but all audiences, to understand who we are. i think to elevate the position of latinos in this country and the role of latinos in this society is something that we sort of take on as a mission. >> to stay relevant it's very challenging right now to stay relevant when you have the internet, when you have social media. it's very difficult that your voice stays relevant and nothing gets lost among the noise. i think that's one of the most important things. and finally it has to do with trust. after 25 or 30 years if we say something and people trust what we say, that's the best a zblard maria and george, this has been a pleasure
and obviously a little more personals on taxes and promise the. >> yeah. you have been a team now for 25 years. >> right. >> the most successful team, i would say, since huntly brinkley whom you don't remember. i g-running team. very successful. what's next for you as journalists? >> i think that making that transition into english language and being able to reach all audiences and what i mean is not only hispanics that speak english but all audiences, to understand who...
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our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't agree with that more. and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going
our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't...
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mostly corporate tax giving to democrats that republicans and they're working with incumbents. so it makes it, it's almost like the game is very tilted against anybody who wants to try to crack into the process. that's what's difficult. and super pacs are not liked by incumbents because they can hold the office or to account. the incumbent doesn't like the. the traditional pacs are always going to go and give money to the incumbents spent by the hope would be, it's still perverse. i would still rather have the opponent pointing out those things in a super pac. i would rather choose the campaign that i set out in some other entities. there some solutions. good or bad, that's one solution. the disclosure. certainly is one thing. there are multiple solutions but to me it is frustrating that the candidates voice has been muted. everything has been an impact of free media frankly on it. but on the senate race and the house races, just these two men, two ladies talk to one another and to find out between each other. and i think we probably would get a little more patient out of them
mostly corporate tax giving to democrats that republicans and they're working with incumbents. so it makes it, it's almost like the game is very tilted against anybody who wants to try to crack into the process. that's what's difficult. and super pacs are not liked by incumbents because they can hold the office or to account. the incumbent doesn't like the. the traditional pacs are always going to go and give money to the incumbents spent by the hope would be, it's still perverse. i would still...
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>> we've gotten ourselves into a such a deep hole and everyone wants to avoid tax, tax, tax, we can't. yes, they've got it cut it, and going to have to do financials, we don't want to do it, we've got to. >> neil: i'd like to disagree with that, but (laughter) >> mr. gasperino? >> and we don't have to raise taxes right now. it'd be a dumb thing to raise taxes, in the middle it looks like we're headed to a double dip recession. >> neil: you think that. >> you look at the numbers and the business round table and look at the latest gdp numbers and consumer spending and i don't criticize ben bernanke for doing what he did with qe three, primarily the numbers look bad-- >> of aalways been in the-- >> and i tell you, never criticized, one you've never criticized. >> neil, neil, this is the only thing left. if you don't have-- >> come on, i think you doth protest too much. dagen. >> i think what ryan says does ring true. because obama care and the bowles simpson panel completely off the table. medicare don't touch it. medicaid, do ent touch it. in fact, paul ryan did work with alice rivlin o
>> we've gotten ourselves into a such a deep hole and everyone wants to avoid tax, tax, tax, we can't. yes, they've got it cut it, and going to have to do financials, we don't want to do it, we've got to. >> neil: i'd like to disagree with that, but (laughter) >> mr. gasperino? >> and we don't have to raise taxes right now. it'd be a dumb thing to raise taxes, in the middle it looks like we're headed to a double dip recession. >> neil: you think that. >> you...
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this is a tax in and of itself. >> reporter: on health care -- >> i don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obamacare instead of fighting for jobs for the american people. >> reporter: in the role of government -- >> the federal government has the capacity to help open up opportunitand create ladders of opportunity and to create ameworks where the american people can succeed. >> reporter: the 90 minute debate moderated by jim layer was the first opportunity for the candidates to go head-to- head. at times it was heated. >> solyndra and tester and inner one. i had a friend who said you don't just pick the winners and losers, he picks losers. >> for 18 months he's been running on the tax plan and now five weeks before the election he's saying the big bold idea is never mind. >> reporter: there was this memorable moment. >> 20 years ago i became the luckiest man on earth because michelle obama agreed the marry me.
this is a tax in and of itself. >> reporter: on health care -- >> i don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obamacare instead of fighting for jobs for the american people. >> reporter: in the role of government -- >> the federal government has the capacity to help open up opportunitand create...